Filed December 30, 2011
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE1 year Service code 17 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Pension Consulting | $19,991 |
Service code 17 7755 3RD STREET NORTH · OAKDALE, MN 55128 | Pension Consulting | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $36,050 | $58,290-38.2% | $98,442-63.4% | $86,799-58.5% |
| Participation rate | 21.7% | 68.3%-46.6pp | 73.3%-51.6pp | 72.3%-50.5pp |
| Annual return | 13.25% | 43.48%-30.2pp | 1492.73%-1479.5pp | 97.91%-84.7pp |
| Employer contribution / active EE | $395 | $2,008-80.3% | $2,960-86.6% | $2,405-83.6% |
| Participant deferral / active EE | $719 | $3,152-77.2% | $4,276-83.2% | $4,131-82.6% |
| Admin fee / account holder | $318 | $138+130.6% | $5,949-94.7% | $170+87.3% |